Candlestick formation · Neutral
What is it, in one line
A bar whose range covers the whole of the previous range.
Neutral · 2 candles · verdict: Unresolved, not yet measured on this dataset
A bar whose range covers the whole of the previous range. The engine checks the formation as an executable condition over open, high, low and close, with a trend filter applied before the count is kept.
Method
Not in this package
Occurrence counts and forward returns for this formation are engine output. The design package carried the page inventory and the stylesheet, not the measured figures, so no numbers are shown here rather than invented ones.
Section-level result: across all 89 formations the mean edge over an arbitrary entry is +0.02pp, measured on 1,172,151 bars. Read this page against that finding.
Read the study →